The Complete RSI Book

Description

The Complete RSI Book will attempt to convey the information that a trader would want or need to know about the Relative Strength Index. There is a considerable body of information that has been gathered concerning the RSI since 1 978 when Mr. Wilder promoted this indicator in his groundbreaking book.

Introduction:

This book is divided into two sections. In Section I, the focus is on developing the basic knowledge of the Relative Strength Index that is necessary to use with the advanced concepts. Without a thorough understanding of the basic concepts that are involved, the trader will have neither the courage nor confidence to consistently take action when the price action conveys a valuable clue.

Section II focuses on integrating the basic knowledge of price behavior, retracement theory and various timeframes with RSI theory. Also in Section II, we will learn how to enter and exit trades more profitably.

While it is impossible to discuss all of the knowledge that is available on the subject of the RSI, when you have finished studying this short book you will know how to use it to determine: